A year ago, Russian held 72 billion dollars in securities. Thus, the amount of bonds it has purchased has risen by 26 percent over the last twelve months.

Russia ranks sixteenth among major holders of US Treasury bonds. Saudi Arabia ranks fifteenth and holds 98.3 billion dollars in bonds. China is in first place. The People’s Republic of China owns 1.24 trillion dollars’ worth of securities. In second place is Japan (1.15 trillion dollars), followed by Ireland in third place (270.6 billion dollars).

Various countries own a total of 4.04 trillion dollars in Treasury bonds.

US Treasury bonds are considered among the safest securities in the world. Their low yields (around three percent) are offset by guaranteed payouts. US Treasury bonds have never defaulted even once since they were first issued.

Translated by the Russian Reader. Thanks to Valentin Urusov for the heads-up. Photo courtesy of Wikimedia